Bookkeeping
Fairfax Tax and Accounts, based in Leicester, has been providing expert bookkeeping advice and accountancy services to both corporate and individual clients.
We provide comprehensive bookkeeping services tailored to meet the diverse needs of businesses. Every business, no matter the size, must keep a record of every transaction. If you don’t have time to do your own bookkeeping, let us do it for you. We can handle your daily bookkeeping needs so that you have time to concentrate on more important things.
Our offerings include:
- Daily/Weekly/Monthly Bookkeeping: Ensure accurate and up-to-date financial records.
- Bank Reconciliation: Identify and resolve discrepancies to maintain consistency between your internal records and bank statements.
- QuickBooks and Xero Partner Firm: Expert setup, management, and customization of these leading accounting software solutions, along with training and support.
- Data Entry: Accurately record all financial data to facilitate smooth and efficient financial operations.
We get to know your business
We can provide strategic advice, advise on annual returns and tax queries. By keeping your accounts up to date, in real time, it enables us to advise you on timely basis for any tax savings, cost reductions and future projections.
Corporation tax
Corporation tax reliefs and rates change annually, so we ensure that we provide all the right guidance and advice when looking at exemptions, allowances and deductions that may be available.
We will thoroughly review and prepare your corporation tax returns in great detail to ensure you are compliant and that you don’t incur any penalties.
Self assessment
We can help with the complex issue of personal tax, we know it can be difficult to understand.
Our personal tax services make sure that your tax liability is calculated taking into account all allowable exemptions and deductions. We simplify the process by using accountancy software to accurately complete tax returns and calculate any tax liability that may occur, along with any payments that need to be made.
We offer comprehensive self-assessment services, catering to different client needs:
- CIS Tax Refund for Subcontractors
- Locum Medical Professionals
- Personal Tax Returns for Landlords
Capital gains tax
You may be looking at investments, a second property or other assets and our team can help ensure you maximise your exemptions while simplifying the difficult area of capital gains tax.
High Net Worth Individuals
We focus on proactive tax planning. Our team will analyze your financial situation, and long-term goals to create effective tax strategies. We will also work with your financial advisors to ensure your financial goals are met. Most business owners want to use the cash from Trading Limited to invest in other businesses or to purchase a property portfolio.
Our team is experienced in advising and setting up the group structure. Whether you are restructuring or acquiring a new business, our team will advise on the best solutions and obtain relevant HMRC clearances.